OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 5, Gainesville, Florida
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Gainesville, Florida.
This 1.5 square milecensus tract has a population of approximately 5,000and is one of 8 Opportunity Zones in Alachua County.
The adjacent map shows the location of this Opportunity Zone in Florida.
Census Tract 5 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$41K |
This Opportunity Zone has a median household incomeof approximately $41,000, which is 31% lowerthan the median household income for the state of Florida of $59,000.
Poverty Rate
25% |
The percentage of households below the poverty line in this Opportunity Zone is 25%, which is 12% higherthan the rate for the state of Florida of 13%.
Median Home Value
$187K |
This Opportunity Zone has a median home valueof approximately $190,000, which is 24% lowerthan the median home value for the state of Florida of $250,000.
Education
97% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 9% higherthan the rate for the state of Florida of 88%.
Median Age
34 |
This Opportunity Zone has a median ageof approximately 34, which is 19% lowerthan the median age for the state of Florida of 42.
Florida OZ Funds
There are 22QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Floridaas a target market. Additional OZ funds may also invest in Florida; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Florida properties.